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REI Lense

Spartanburg, SC Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Spartanburg, SC. Based on 20+ datapoints.

Spartanburg, SC Long-Term Rental Investment Snapshot

Based on 20+ long-term rental datapoints

Median Cap Rate

4.8%

Avg Cash on Cash

-7%

Median Cashflow

-$269/mo

Avg Rent Estimate

$1,633/mo

Avg Price

$261,587

Price Range

$178,200 - $361,400

Rent to Price

0.62%

low ratio

Positive Cashflow

0%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Spartanburg, SC

Spartanburg, SC is an emerging long-term rental market gaining investor attention. With 20+ properties analyzed, early data shows the market is developing. The median cap rate of 4.8% suggests room for early-mover advantage as more rental inventory becomes available.

Based on 20+ analyzed properties, the median monthly cashflow in Spartanburg, SC is -$269 with average rents of $1,633/month. Properties range from $178,200 to $361,400, offering entry points across multiple investment budgets.

106 Hancock Ave, Spartanburg, SC 29302

Price

$229,900

Rent

$1,542

CachFlow

-$264

CoC

-6.56

Full Analysis

497 Kent St, Spartanburg, SC 29301

Price

$289,600

Rent

$1,430

CachFlow

-$573

CoC

-11.31

Full Analysis

207 S Carolina Ave, Spartanburg, SC 29306

Price

$219,900

Rent

$1,515

CachFlow

-$183

CoC

-4.76

Full Analysis

117 Woodbine Ter, Spartanburg, SC 29301

Price

$249,900

Rent

$1,415

CachFlow

-$355

CoC

-8.12

Full Analysis

7003 Glass Ct, Spartanburg, SC 29307

Price

$308,200

Rent

$1,957

CachFlow

-$472

CoC

-8.75

Full Analysis
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Spartanburg, SC Rental Market Insights

  • Median cashflow is -$269/month — careful deal selection is essential here
  • 4.8% median cap rate is typical of appreciation-focused markets
  • At 0% positive cashflow rate, Spartanburg, SC requires selective property picks
  • Moderately priced market with properties from $178,200 to $361,400
  • Early-stage market data — revisit as more properties are analyzed for stronger signals

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